Monarch Casino & Resort's third-quarter results are likely to reflect robust Casino revenue growth.
Here is how Monarch Casino (MCRI) and Naspers Ltd. (NPSNY) have performed compared to their sector so far this year.
Monarch Casino (MCRI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Monarch Casino (MCRI) and Naspers Ltd. (NPSNY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
While the top- and bottom-line numbers for Monarch Casino (MCRI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Monarch Casino (MCRI) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.14 per share a year ago.